In this special section of The London Times, published Sept. 19, an international group of business writers and noted financial industry thought leaders had a go at unpacking the most interesting developments and challenges in the wide world of fintech—all with the goal of predicting the future of payments.
Galileo is sharing the insights of this diverse group, including our own CEO Clay Wilkes (page 7, “Riding high with unicorns”), to expand our understanding of payments beyond the four walls of our individual businesses. So, if you’ve ever wondered whose population is the leading adopter of fintech, whether spending money can buy you happiness or how to differentiate in an age of commoditization, these 24 pages are a treasure trove of knowledge and opinion.
Enjoy this great read compliments of Galileo!
Get your copy of Raconteur: Future of Payments
Banks Are Asking the Wrong Questions About Core Modernization
In the early 2000s, Netflix offered Blockbuster an opportunity to integrate its online DVD rental model for $50 million. Blockbuster, bullish on its retail dominance, dismissed the offer, scoffing at the idea that digital and mail-based rentals could compete with its physical footprint. Blockbuster became a relic, while Netflix grew into a $433 billion global company.
Galileo Brings Co-Brand Debit Rewards to Hospitality Sector
Galileo is bringing its debit card rewards programme - which allows brands to offer debit users access to rewards normally reserved for credit card customers - to the US hospitality sector.
Choosing the Best Banking Option Isn’t Always Easy
Choosing the right banking option can be complex, with consumers weighing features like fees, accessibility and digital tools across traditional banks, credit unions, online banks and fintech firms.
Relationship Fragmentation is Killing Loyalty: How Should Banks Respond?
Banks have long believed that delivering core banking services inevitably leads to ownership of their customers' full financial needs. That's becoming a dangerous myth, according to a new report on emerging consumer behaviors across multiple generations.
Galileo Rolls Out Wire Transfer API for Fintechs
Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced it is arming fintechs with wire transfer capabilities, enabling them to better serve consumers and businesses by offering another option for fast, secure money movement.